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Dd2475: What You Should Know
Step #2: Make the application. You'll be prompted to check the box for your current branch or unit and where you would like the loan repaid. NOTE: If you want to go out of your branch or unit you'll be asked to leave that information blank. Step #3: Click on submit. This application will be reviewed, and we will contact you by email when your application has been approved. Your application is now an “active” loan. If you do not provide us with the required 35.00, you will be immediately notified by email. If your application is approved and the loan will be paid to you, you will then receive a notification email. The loan funds will be placed on your PayPal account within 6-8 weeks. You can only be on the federal guaranteed program if your income falls within the range of income available through the federal guaranteed program. This is known as income eligibility. For more information on income eligibility click here. You'll receive a tracking number as soon as your loan completes processing. If you no longer meet the requirement for the government guaranteed program, your LOA will be cancelled, and we will be unable to take action. If you would like to return your application and receive notification of your approval or cancellation, you can click on the “Submit Application” button to return your application. You must be on the student loan program for 3 years after completing your study to receive a federal loan. The LOA you will receive is on a line by itself and is not pre-programmed.
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